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. so, before the mobile phone only to technologies had spread as widely as the mobile phone. no technology has spread as rapidly as the mobile phone. the only other recent one was the transistor radio and before that, it was fired to spread as wildly. so, what is the -- we know what it means in our lives and what smart phones been and all that but what does it mean for the majority of the world's population. it was built highways, communication highways and labor never connected before. in afghanistan we talk about story that you asked about entrepreneurs and was responsible for creating the afghan cell phone company. this is the biggest story in afghanistan and the last ten years. we don't hear about it. why? because the fact that more afghans today have access and know how to read or write, when a decade ago they would have had to walk 700 miles to make a phone call. but that's not a story. what is a story? it is a big story. i would imagine it is something that means a lot to them in terms of their key devotees. but what is even more exciting, you think about when we buil
in the 1960s to help dockworkers displaced by technology, the port alliance says these days those royalties serve as a bonus to workers, not a safety net. but the union disagrees saying the payments still help compensate workers for lost job opportunities. florida is home to almost a third of the ports that would be affected by the potential strike, governor rick scott says he's still thinks a deal will be reached, but if it doesn't he's counting on washington to step in. allison worrell, "n.b.r.," fort lauderdale, florida. >> susie: volatility was the word of the day here on wall street. investors were fixated on the war of words in washington over the fiscal cliff, and shrugged off some encouraging news today about jobs. fewer americans filed for jobless benefits last week: new claims fell 12,000 to 350,000. but the labor department says the christmas holiday may have distorted the numbers, as some state offices were closed monday and tuesday and could not provide data. in the markets, the volatility index, or what's often called the "fear index," jumped to its highest level since last su
of economy and entrepreneurship and high-technology industries. gerri: so what if we compare favorably with a lot of developed countries out there -- what would be the practical effect? >> it will slow the flow of venture capital and investment for high-technology companies. if you think about every mjor high-tech company like apple or microsoft or ebay or amazon, they were all nurtured by high income people putting money in early on to these startup companies. we dramatically cut the capital gains tax rate from 40% to 20% before, so what we are going to do is kill america's entrepreneurial economy. gerri: let's get into the details of this. why you would want to keep these capital gains taxes low. you say it is an issue of double taxation. >> that's right. corporate profits are taxed at the corporate level. and they are taxed again at the individual level. with the dividend and catal gains taxes. george bush, to his credit, tried to do something about that and he chopped the dividend and capital gains tax down to 15%. the effect of that was to reduce the incentive for corporations to
that companies that try to be innovative are not innovative. well, our technology leaders, the people who really inspired me, they were inspired by these wonderful things happening. i'm going to focus on a little period of time. as short as four years, maybe six or seven. it is that time that orville wright and his brother took off. the world realized -- they did not do that with photoshop. since that first flight, the people who had taken a flight could sit in that first wrote and only three of you would have taken a turn. we did not even have the internet. can you imagine? going from that -- they were building 500 airplanes a year in france by then. in four years. and of course, the airplane was invented by natural selection. we did not help -- we did not know how to do with. the ones that did not tell the pilot, they are today's airplane. [laughter] i believe that kids were inspired by this wonderful short period of time. on the 100th anniversary of the wright brothers applied, at aviation week asked me and others to say what i thought about the first 100 years of aerospace. who were the move
all aspects of technology that will have tremendous impact. even though they examples you mention are compelling, there are many aspects that come from a human side of nasa as well. i would not subscribe to that kind of recommendation. >> lower the emphasis a bit. >> making a distinction between science and exploration, nasa is more than just a science agency, it is an exploration agency, a tool of u.s. farm policy. just looking at sites as defined in the service, it is realistic for. the reason why you do human in part is for exploring the unknown, but putting people in an unusual or alien situation. you learn things you would not learn if he stayed at home. there is a wonderful example looking at someone -- and viruses and how they become changed in space. this means there is a gene sequencing issue. if we can figure out how to control but, we could have a potential vaccine for salmonella. that is not the thing that would emerge into a ground based laboratory. it emerges might put people in a very different environment to go into the unknown. human space flight is probably the m
they're in any danger. this volcano last erupted in september. >> new technology is boosting u.s. oil production. we'll take you to a boomtown flush with cash. that story is next. me#> >> glor: with just a few days to go, 2012 will likely set a record high for gas prices. a.a.a. says the average was $3.61 a gallon nationwide this year. that is ten cents more than in 2011. that surge in prices came even though oil production is booming in this country. the u.s. is forecast to overtake saudi arabia as the world's largest oil producer by 2020. ben tracy visited one of america's new boomtowns. >> reporter: in the middle of a colorado cornfield, sandwiched between cattle and farmhouses, is the front line of an american oil boom. >> we plan to invest over $8 billion over the next five years here, so we're extremely excited. >> reporter: mike dickinson works for noble energy, which is doubling its production in weld county. this oil field stretches from colorado into wyoming. in 2008, it produced 83,000 barrels of oil, yet this year it is expected to reach nearly ten million barrels. how dif
. heather: helping paralyzed people walk again. the high-tech medical technology helping real-life miracles happen. we will show you how it works greg: president vladimir putin accused of playing politics with the lives of orphans after saying that he is going to sign a controversial ban on adoption by any american of russian children. the state department just minutes ago saying that the idea of this, some of the parents would find her adoptions roseanne, would be unfair to the parents and kids involved. it has already been a controversial subject. the 7-year-old was placed in a plane and his mother saying the boy was violent and her family feared for their safety. russia's foreign minister at the time called the last off after a string of foreign adoption failures. some of the children killed by adoptive parents. joining me now is attorney david wohl and janet jackson. so what is your take on this, david? >> you know, 1999, 45,000 russian kids had been adopted by american families. the vast majority of them engraved loving homes. there have been a few cases of abuse and neglect. no questi
the sleep number bed. a bed with dual-air technology that allows you to adjust to the support your body needs. and the only place you'll find the sleep number year-end event. save 50% on the final closeout of our silver limited edition bed. plus, through new year's day, special financing on selected beds. in the name of human individuality: the sleep number collection. and the sleep number year-end event. exclusively at one of our 400 sleep number stores nationwide, where queen mattresses start at just $699. sleep number. comfort individualized. >> our coverage of the fiscal cliff continues moments away. other news making headlines and breaking at this hour. we've learned about five people killed in a charter bus crash on an icy interstate in oregon. these weather systems are something that we have been watching tonight. state police are telling us that 20 others were injured when the vehicle crashed through a guardrail and traveled down an embankment. some of the injured taken to local hospitals while others were treated there and there will be an investigation and we'll bring you pic
in the bay area using smart parking technology which adjust prices at meters and sensors determine if a space is vacant many parking apps use the information to help you. officials admit it is only 90% accurate. >> anything as far as using new technology can't be absolutely perfect. what we've done is look at this on an ongoing basis. >> reporter: we downloaded the free sf park app, blue line indicated lots of empty spaces on hayes street near franklin we only found a crowded street. this time it appears the app let us down unless i'm missing one there is not a single space here. we are going to move on to another neighborhood. unscientific test took us to laguna street where the app showed there was parking, none here either, minutes later, success the app decked us to grove street and lots of spaces. -- have you used the app yourself? >> yes. it works well. >> reporter: others prefer old school, search and circle. transportation authority officials say they've updated their technology to allow things like the app to work a little better. if you you are using a parking app, make sure you do
gets the act together. >> means technology, for example, could be a big sector. if companies get signals from washington and go out and invest into hiring people, putting technology online, it could be great, but we're just waiting and waiting and waiting, which is why it's a cliff hanger. ashley: cliff hanger, i'm tired of saying "fiscal cliff. i'll use "cliff hanger." thank you so much for being here. >> you're welcome. ashley: i said it would be fun; right? >> yeah. ashley: very optimistic. the closing bell rings in 37 minutes. by the way, it is the endless search for yield. money flowing into corporate bonds like there is no tomorrow, especially junk bonds. the question is is it too late for investors to get in on the action. lance robert, the ceo of street talk advisers, find out why he thinks stocks are better with consistent returns and pay healthy diff denldz. makes sense. his top picks coming up next in a fox business exclusive. ♪ ashley: face call cliff, fiscal cliff, fiscal cliff, that's three more times, holding stocks hostage, down fifth day in a row. energy stocks
? and a technology suite with bluetooth, navigation and other handy stuff? yeahthat would be cool. introducing the all-new nissan sentra. it's our most innovative sentra ever. nissan. innovation that excites. now get a $169-per-month lease on a 2013 nissan sentra. ♪ gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? speaker of the house john boehner failed last week to pass a fiscal cliff pill after pushback from some conservatives. now, speculation that he might be pushed off the political cliff and be kicked out of the top job in the house. joining us now from nashville, republican strategist chip saltz mapp and here in the studio with me, anthony holmes. also a repub
to learn. from video games to computer time, technology has been blamed for our increasingly sedentary lifestyle but a small north carolina company is turning technology into an impetus for active play in children. erica edwards has the story. >> these kids are doing their own thing on the playground. here they are competing with one another in a virtual world. this is combination computer game, social network and real world exercise. >> our idea is not to say that technology is the problem but rather embrace it and say it could be part of the solution. >> kids wear a power band that contains a three axis accelerometer. >> you swipe it into a base station that wirelessly upthere's the our website. >> on the website, the kids see which of their friends scored the most exercise in a day. >> i did not notice smack talk. >> although bragging rights are involved, kids can only communicate with their friends by selecting a predetermined list of positive phrases and virtual high fives. it targets the 8 to 13-year-old crowd and child obesity experts say it's during this period that physical ac
lyric's advanced technology, call or visit for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. >>> you know, i'm going to call it a flat market. yeah, i know the dow industrials are up, but that's pretty flat on the index. look at oil, that's interesting, yeah, looking at $91 a barrel. say goodbye to the long decline of gas prices, they're going to start going up again. if you watch a lot of television news and we do, hopefully you do just that, you may feel bombarded with the bad news, fiscal cliff, debt, crime, john stossel does not see that, are you going to break out into it's a wonderful world. it is a wonderful world. and you're right, it's terrible with the parasite lawyers and. stuart: parasite lawyers, excellent. >> in spite of that, people work around the politicians and life, i consider it my duty this time of year to step back and say, is life really getting better? it is and it has. louis the 14th have 498 people cooking for h
a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, former chief economist of the vice president joe biden, oliver perch from gary goldberg and matt cheslock and rick santelli, thank you very much. jarred, you wrote an article called "cliff dive, what the heck happens next?" what does happen next? >> well, that's actually all up to john boehner, as i see it, because if we were to decide to bring the president's most recent small car compromise to the house i actually believe it would pass. the problem for him it would probably pass with mostly democrat vote, but i
foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> warner: five days and counting with plenty of tit-for- tat charges, but no agreement in sight. that, in short, summed up the state of affairs in washington today as the fiscal cliff deadline loomed, january first. it would mean more than $600 billion in across-the-board tax increases and automatic spending cuts. >> come the first of this year, americans will have less income than they have today. if we go over the cliff, and it looks like that's where we're headed. >> warner: this morning, the senate's democratic majority leader, harry reid, was blunt about chances for a deal. and he blamed house speaker john boehner. just before christmas, boehner floated his so-called "plan b"-- letting taxes rise on millionaires. but faced with opp
of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. >>> so the american people are watching what we do here. obviously, their patience is already thinning. this is deja vu all over again. america wonders why it is that in this town, for some reason, you can't get stuff done in an organized timetable. >> when the president has to quote yogi berra, you know it's tough. that was president obama lamenting the state of affairs in washington, d.c. indeed, today's congress is on track to go down as the least productive congress since recordkeeping began. the 112th congress will come to a merciful end in early january. it has passed 219 bills that have actually been signed into law by president obama, according to the "huffington pos post". many of them insignificant measures l
no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. special coverage of the fiscal cliff negotiations. but we wanted to tell you, once again, secretary of state hillary clinton has been hospitalized. that being confirmed this hour by phillipe rhines at the state department. in the course of a follow-up exam today, secretary clinton's doctors discovered a blood clot formed stemming from the concussion she sustained several weeks ago. she's being treated with anti-coagulants at new york presbyterian hospital so they can monitor the medication over the next 48 hours. her doctors will continue to assess her condition, including other issues that may be associated with the concussion and then determine if further action is required. you may remember that she had a severe stomach virus and became severely dehydrated, and then we learned, in the middle of december, that after she canceled an overseas trip, that she had fainted and because of t
, then distribution, then production. in conjunction with the great improvements in technology that unleashed the powers of capitalism, and capitalism manage to produce immense wealth, and at the same time produce poverty that had never been known before. the debt is to capitalism what hell is to christianity. unpleasant, but absolutely necessary for it to work. in a sense, capitalism is about ecological economics, even though capitalists don't want to hear this. it is about recycling. we had heard of the term by the 1970's, especially about the green movement in europe. capitalism has always been recycling. the process of described is a process whereby the entrepreneur is now forced to be an entrepreneur. the ex-peasants, they did not choose to be entrepreneurs. they had to be. they used debt. bringing it to the present, energizing the production process, producing the wealth from which he hopes that he will be able to repay the debt. the moneylenders, later the bankers. cover for the fact that he had paid wages for capital goods. hoping there is something left for him, for profit. debt is a
taking a look at the big technology stores of 2012. stories of 2012. >> catherine: san francisco's muni railway is celebrating 100 years. as part of the centennial - service on all buses, light- rail lines and cable cars will be free untilfive a-m tomorrow. if you don't have any plans for new year's. >> they are offering extended until 3:00 a.m.. there will also be offering additional trains in and out of san francisco to accommodate new year's eve crowds. also, muni will be free. caltran will be offering free service with the extended hours and there will be for extra trains out of san francisco. there will be 4 extra trains --, also, with free between 11:00 a.m.-2:00 a.m., and extended service on the broadway shuttle. this shuttle will run from 7:00 a.m.-1:00 p.m. on the year's eve. there will also be offering extended service on in several routes. if you are planning on driving keep in mind that between 11:00 p.m.-1:00 p.m. along the embarcadero there will be long traffic delays because of the fireworks near the ferry building. charles clifford, kron 4. >> tonight at 6:00 p.m. we are
invent things we didn't buy, faster than any technology. number nine, the u.s. stock market despite all the worries about the fiscal cliff, the stock market had a great year. >> number eight. facebook's i pshlpo. investor diagnosis not. trading glitches and questions about the company's ability to make money on mobile users unload the stock which has yet to climb back to the ipo price. >> number seven, mother meyer. the new ceo of yahoo who announced she would take a two-week maternity leave. 37 years old and it looks like a mother's touch is what yao ya hoo needed. >> an intense drought that scorched the corn and soy crop sending prices sky high. who can forget super storm sandy. neighborhoods along the northeast swept away millions without power and damages as high as $50 billion brings in lots of questions about u.s. infrastructure and whether we should spend money to fix it. >> number five, china. for sure by 2030. >> china. >> china getting more than a few mentions during the presidential campaign probably because it's clear they are both a competitor and a partner. >> number four,
. first, he not only highlighted the technology improvements with his almost daily briefings, which that is where he got the nickname the bear. his nickname among the staff was storming norman for a reason. his nickname with the public was the bear. he was affable, but you could tell that the iron fist in a velvet glove guy who explained what was going on to the american people. he used precision weapons, videotapes, and a mission to convey that to the people. he was not only leading combat forces, but he was also explaining to the american people what his troops were doing and how they were doing it. it was a revelation for the american people to actually see this. there were some lessons learned from now. quite frankly, i think the american people may have gotten a little too much that the the technology was all magic. but the one thing that norman schwarzkopf made sure of is that the way he advertised his troops and people, it was a turning point for the nation. the goal for what the gulf war veterans were welcome back, it was a turning point for the nation as well. harris: very
are free. >> these kinds of smartphone technologies have the potential for a lot of good but the potential for a lot of harm too in terms of embarrassment, unwanted disclosures or discomfort from being tracked. >> reporter: gibson can't get over how easy it was for him and his daughter to be tracked. what's it make you think about? >> if he can find me anybody can. >> reporter: app developers are responding by adding disclosures and written policies which it turns out almost nobody reads. if you read each policy for every website or application you use this year it could take three months of your life. for "cbs this morning," sharyl attkisson, washington. >>> david kirkpatrick is founder and ceo of a media company that focuses on the role of technology in business and society. david, good to see you. >> thanks for having me. >> why does angry birds need to know where we are? >> excellent question and great report. they want to be able to charge more for the ads they sell to their advertisers and it's understandable, but i think that report really points
with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. ahh, cloudy glasses. you didn't have to come over! easy. hi. cascade kitchen counselor. look! over time, cascade complete pacs fight film buildup two times better than finish quantum to help leave glasses sparkling. cascade. the clear choice. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ >>> welcome back to "hardball." the president has made clear he wants a deal. joining me now from the hill is nbc's kelly o'donnell. kelly, i've had a lot today about the house bill going to one -- go to the senate and getting amended. is this some kind of smoke screen for house republicans or is there some legislative need to use the vehicle that's already been passed? >> well,
. [applause] how would i advise a president who is not interested in nasa doing better technologies and doing exploration like it did in the 1960's? is that a better question? i was telling him that the public's has an expectation for this $18 billion, that you spend a large percentage of it, maybe even a large majority of it, on pure research. in other words, i want you to take my tax payer money and go out and try to do something that you may not be able to do. in fact, i call it research only if half the people think is impossible. if most of the people think it is possible, then you are doing development. you are not a research organization. if you took anybody out of nasa, out of engineering, i don't care if they were head of nasa or a secretary or a shop guy, when jfk got up and said 21 days after alan shepard made this little flight, that we are going to go to the moon before 1970, everybody jumped up and down. you know why? multi-year funding. wow, we are going to have jobs for nine years. yes, we can do it. this is cool. we will beat the russians. everybody was real excited. grab any
is to technology. tracy: eight hours is essentially new york to key west. lori: i would go like every friday. a christmas outage left millions of users without users streaming netflix. shibani joshi with this christmas debacle next. tracy: washington cannot agree on a plan for the fiscal cliff. we go to the nation's capital after break. let's take a look at how the dollar is faring against foreign currencies as we head to break. ♪ with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity option.. evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. lori: the senate returns to washington tomorrow. with just five days to address the dreaded fiscal cliff. peter barnes is live in d.c. with the very latest. peter: everyone looking to leader harry reid and th
a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. >>> we are right at the deadline. as a matter of fact, it looks like we will be here on new year's eve and possibly new year's day. they've already alerted us, members of the house, at the possibility of doing that. >> that was democratic congressman elija cummings with the government reform committee on our air just a couple of hours ago. he's made it clear at that time fiscal cliff deadline may not be met. joining me live to talk about scenarios ahead, former pennsylvania representative and 2010 senate candidate as well, joe sestak, always good to see you. >> good to see you, craig. >> right now ideas are being debated behind closed doors and you suggest we shouldn't be talking so much about a fiscal cliff, per se. we should be talking about a bunny slope. describe what you think should happen. >> the fiscal cliff means we're taking $700 billion out of the economy because of the tax increases and spending cu
into orbit. many believe the communist nation is advancing its nuclear technologies. taliban gunmen tried to assassinate a pakistani school girl who spoke out against them. but she survived and promised to keep fighting for the education of girls. 68,000 u.s. forces remain in afghanistan. is come a year after u.s. troop -- and a year after u.s. troops left iraq, more than 2,000 people died in ongoing violence. in italy, two americans were among 32 passengers killed when the costa concordia sank and the captain abandoned ship. the pope made a historic visit to mexico and cuba despite his frail health, the 85-year-old even began tweeting. across europe, anger over the failing economy spread as millions protested government budget cuts. ecuador granted asylum to wikilocations founder assange. if he takes one step out of this british embassy, they will arrest him. he faces sexual assault allegations in sweden and claims the u.s. wants to extradite him to face spy charges. team usa cammured 46 gold medals at the summer olympics in london. britain celebrated queen elizabeth's 60 years on the t
particularly as well as technology, even health care to some degree. both for yield and investors as well as those looking for capital growth but increasingly because risks are receding on a global basis we're suggesting investors pivot to non-u.s. equities. international markets look very appealing right now. ashley: what about the targets on s&p, best worst scenario? >> we best-case scenario of 1545 on the s&p 500. ashley: okay. >> 8 t0 10% or so out of the money. ashley: right now 1414. >> it is. and that would imply mid to upper single-digit earnings growth and very little in the way of multiple expansion to get to that kind of a figure. on more optimistic case, we have 1680 out there. ashley: that is optimistic. >> well it is. it is scenario majority of probability for us but nonetheless we put it on the table in the context of us getting past the fiscal cliff, seeing increase in certainty, risk continue to abate internationally. and as a consequence earnings growth coupled with multiple expansion lead us to a number we think is a stretch goal but plausible. ashley: three out of 10 c
technology of adt starting at just $99 -- a savings of $300 plus 15% off accessories. but you must call before midnight january 2nd. more than a security system, adt can help let your family in from the cold even when you're away from home. adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. >>> my new year's message to washington is this entire problem isn't an isolated incident. it's how par zanship and polarization have taken over congress. i'm 18 and go to college in d.c. i used to be excited for the future but i don't want a country that doesn't have a successful working legislature. congress, remember what your purpose is and get back to doing your job. >> amen. if congress can
individualizes your sleep. the only place you'll find the sleep number bed. a bed with dual-air technology that allows you to adjust to the support your body needs. and the only place you'll find the sleep number year-end event. save 50% on the final closeout of our silver limited edition bed. plus, through new year's day, special financing on selected beds. in the name of human individuality: the sleep number collection. and the sleep number year-end event. exclusively at one of our 400 sleep number stores nationwide, where queen mattresses start at just $699. sleep number. comfort individualized. patti ann: winter only just began six days ago and yet another powerful and deadly winter storm is bombard -rg the northeasing the northeast right now. the nor'easter bringing heavy snow, rain and wind. coastal cities dealing with heavy sleet and rain. a brand-new hour of "america's newsroom." hello again i'm patti ann brown in for martha maccallum. gregg: i'm gregg jarrett in for bill hemmer. gregg: this system has spawned tornadoes causing blizzard-like conditions and killing at least nine peo
upgrades to the car itself in terms of the engine. there need to be technology upgrades keep prices down not there yet. grocery and grain. a lot of folks going to be the grocery store are going to notice these things. what particular products. >> talked about the milk cliff that's something that's certainly a risk this year just because of the fiscal cliff and could see milk prices more than double. but just because of the drought this year. we're seeing prices for a lot of things go up. obviously grains being a big one but then you think about all of the animals that eat grains and then that makes meat prices go up. dairy. and then that trickles down into all sorts of processed food. this is something we see almost every year. some of the experts we talked to said they are seeing potentially smaller increases that's settling out. still about 6% next year. >> clayton: in the tech field we are going to see some things going up as well. high end televisions. home theater systems and computers set to go up as well? >> always something new coming out. starting to see the roll out of ultra hi
sanctions. according to documents object stained by reuters in late 2010, wally technologies offered to sell hewlett packard equipment offered to sell components to a mobile phone operator. can you walk us through the latest findings here. >> the latest findings -- i've been writing all year about how iran, despite tightening global sanctions by the u.s., europe and other countries has continued to manage to obtain sophisticated u.s. technologies with the complicity of a number of foreign companies. the one i wrote about today is flaway, which is the world's second biggest telecommaker in china. basically, i came upon documents which showed in late 2010 flaway attempted through a chinese intermediary to sell at least 1.3 million euros worth of hewlett packard equipment to iran's largest mobile phone operator. th this, of course, would be illegal. they say this never happened, but they don't dispute that this offer was made. >> and what about hewlett packard's role? >> hewlett packard, it turns out has an agreement with flawei in which they are allowed to sell its systems and equipment. but w
to pick the best and brightest of for good paying technology jobs. >> the company is one of the success stories out of the youngstown business incubator. >> really new ideas can come from anywhere and they can be built right here and create jobs right here. >> but it's not just new technology bringing the city back. employment is up 7% since last year. >> where manufacturing once was king, we're working to have a rebirth. we're having a renaissance of the manufacturing. >> we have the workforce, we have the location, we have the cost of living and we have the dna. >> where once there were only steel mills, now manufacturing in youngs town is diversified, servicing different sectors, includes the auto industry. there's a sense that youngstown's future could be brighter than the past. >> it took a while to come back. >> is there a sense of optimism again? >> i think so. i'm sure we're on the way to recovery. i think we're halfway there. >> thank you for joining us. "pie "piers morgan tonight" is next. ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dent
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sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. >> donald trump said republicans have a nuclear weapon and they should use it. that's not all he said. we spoke with him earlier tonight. >> donald, i understand that you say the republicans are in a stronger position than they realize going into this fiscal cliff debate or debacle, whatever you want to call it? >> i think they are in the strongest position if they only knew the debt creel is coming up in a very short period of time. frankly, if you remember on your show i said they should not agree to extend the debt ceiling beyond the election. and when they did that, and as soon as they did that, they love the election. they would have won the election had it come d
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